Most people would argue that debt is bad because you owe money to someone else and now you have to spend many years paying it back with money from your income. Plus there is the cost of interest to be added on. How could this be good for your pocket?

Well this is true if it is debt you have taken on to buy a car, a holiday, furniture, or anything that drops in value after you have bought it. Now the debt remains and it is often greater than the value of the item you purchased. Therefore you cannot even sell the item to get your money back!

These sorts of purchases should be done from your savings only. This also saves regret setting in after the purchase as you cannot get out of the debt cycle you have landed yourself in until it is repaid or it sends you broke.

Also the interest rate is very high ( relative to good debt ) as the lender knows it is risky lending and they may not be fully repaid if things go wrong so they charge more in interest. These lenders can also be very aggressive if you don’t pay on time.

At THE  BROKERS  we can review your financial situation and help you grow your wealth using good debt to buy your home, business, or other investments. We can even show you how to get rid of any bad debt very quickly.

Good  debt used wisely will grow your wealth, reduce risk, and lead to a comfortable retirement.

THE  BROKERS  are specialists in this field and their staff have been showing clients the right way forward for over 30 years. Make sure you become one of them.